CORRECTING and REPLACING Precision Spine®
Enters Into Development Agreement For New Cervical Disc Replacement

CORRECTION...by Precision Spine Inc.

September 03, 2014 06:11 PM Eastern Daylight Time

PARSIPPANY, N.J.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to
multiple revisions.

The corrected release reads:

PRECISION SPINE® ENTERS INTO DEVELOPMENT
AGREEMENT FOR NEW CERVICAL DISC REPLACEMENT

Precision Spine, Inc. recently announced it has entered into a
development agreement with Stephen D. Cook, Ph.D. of the Fellowship of
Orthopaedic Researchers in Metairie, Louisiana to design a disc
replacement device for the cervical spine. The team will focus on a
motion preserving design with a goal to better replicate natural spinal
function for patients.

Dr. Cook, Executive Director and Chief Scientist of the Fellowship,
stated, “I look forward to applying the resources of our Fellowship,
which has a wealth of experience in motion preservation technologies,
and leveraging that extensive background in a collaboration with the
engineering team at Precision Spine. This project has the potential to
fundamentally advance the design and function of spinal implants.”

“This new collaboration with the Fellowship reinforces the ongoing
commitment of Precision Spine to advancing spinal technologies and
improving outcomes and quality of life for patients,” stated Rich
Dickerson, President of Precision Spine. “We anticipate that Dr. Cook’s
involvement in this project from the outset will positively impact our
goal of developing a device that offers preservation of natural motion
in the cervical spine to allow patients to retain function while
reducing pain. Precision Spine is proud of its commitment to research
and development aimed at bringing surgeons new and progressive spine
treatment modalities that increase their viable patient care options.”

Dr. Cook’s major areas of research interest are Spine Devices, Spine
Motion Preservation, Biological Attachment Mechanisms, Mechanics and
Histology of Implant Interfaces, and other related fields. In addition
to his positions with the Fellowship, he sits on the editorial boards of
several notable clinical journals, including Journal ofBiomedical
Materials Research, Journal of Oral Implantology, Medical
Design and Material and The Journal of Arthroplasty. Dr. Cook
is currently a Clinical Professor of Oral and Maxillofacial Surgery at
the Louisiana State University School of Dentistry in New Orleans, and
held the position of Lee C. Schlesinger Professor, Department of
Orthopaedic Surgery at Tulane University from 1992 through 2006. He has
over 200 published clinical papers to his credit.

About Precision Spine

Precision Spine, Inc., is a privately held company headquartered in
Parsippany, New Jersey, with manufacturing facilities in Pearl,
Mississippi. Precision Spine is dedicated to providing innovative,
quality spine products that are designed to help treat serious medical
conditions in a cost effective manner. For more information, visit www.precisionspineinc.com.